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20110724
20110724
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the house? is this a breakthrough we're looking for? >> there are a lot of questions there. there was a big flurry about that but now has died down. it does not look like it has -- like that one is the one that can pass. there was a big deal between president obama and speaker boehner. i'm told that is being revised. we will see. we have the drama as to when president obama -- whether president obama will agree to sign a short term -- whether it is by days -- agreement to raise the debt ceiling in case there is some deal to work out. there are incredible polls released detailing the mood of the country. they see their leaders grappling but not coming together on this big issue. you have the world still watching. of the market's still watching and you have the whole democracy thrown in. is allowing the bush tax cuts to expire raising taxes or not? >> the deadline is august 2nd. are we now close enough to that date that you think that on any given day, the market could break, there could be a herd mentality that causes major disruption in the market? ari we already at that risk point? >> it h
, and there has been renewed optimism about a big deal happening to reduce the deficit and raise the debt ceiling. but so n far nothing concrete. >>> it was a busy week for the markets stped short on tuesday. the dow up better than 200 points on hopes of a debt and deficit deal, the biggest one-day gain since december. the markets had another triple-digit gain on thursday. but the markets were down on friday. we're in the thick of earnings season, and most companies are coming in ahead of expectations. apple had a blowout quarter. intel beat expectations. so did microsoft and yahoo. but yahoo's outlook was weak. among financials, morgan stanley and wells fargo beat expectations. bank of america met estimates, ile goldman sachs did not. >>> and a big bang in housing starts for the month of june. they rose better than 14% from the month earlier, ahead of expectations. much of the surge coming from construction of apartment building. >>> american airlines has two aircraft makers flying high. american's planning to place the largest aircraft order in aviation history. it will buy 460 planes from boei
is still considering and still probing with the white house the possibility of a big deal that would be nearly $4 trillion in deficit reduction and include $800 billion in added tax revenues over the next ten years. if he goes this route, i am told he will face a revolt from hisis republicans in the house including his fellow leaders eric cantor and kevin mccarthy. this would be a very risky move by the speaker but i'm told he is still considering it. >> treasury secretary tim geithner joins me now. he would have to manage the chaos if the united states defaults for the first time in history. secretary geithner, thank you for being here. well, you just heard whaha jonathan said about what's on the table. is it possible that there will be a framework deal in place by 4:00 p.m. this afternoon? >> i hope so. again, both leaders recognize they're running out of time. they need to get this process moving in the house by monday night to achieve that deadline. they need to have a framework that they know with complete confidence will pass both houses of congress and is acceptable to the pre
. that is something in big demand the desert -- these days. last year, we started a barbecue division, has what we have today. >> as a girl from oklahoma, that looks and smells like a barbecue. i will not pick up and eat like at the last time we had you on but talk to us about some of the trends you are pursuing because it is not cheap to go green. why is that working? it costs more. >> look at the building industry. the buildings are being retrofitted green. people are choosing to downsize or upgrade or move into green billings. >> are your clients specifically asking you? and they are definitely looking for it. they are willing to pay more for it. there is a cost associated with it. the certification costs to implement procedures and equipment at our facility. >> you think there is some business you are getting that you would not otherwise? >> without a doubt. >> the other thing you have been talking to me about is your emphasis on going local. talk to me about the spread here and what that represents. >> basically, we are working with local farmers year round. we're at the peak of the season. t
embrace a big package that does not include tax -- does not include tax increases. this is not over yet. >> the clock is ticking. >>> paramedics rushed to the tomb of the unknowns soldier at arlington cemetery with reports of multiple people complaining of heat related illnesses. two people were treated at the scene and a third person was taken to the hospital. >>> we did get a little break today from the heat wave, it is still very warm out there. for more on what we can expect, let's go over to the weather center. >> a bit of good news. add a bit of a cool down on the way as the start the week. by the end of the week, the heat and humidity will be making a comeback. look at the temperatures. 90 in gaithersburg, 92 out dulles. reagan national airport deals like 103 degrees. we still have the heat advisory until 8:00 tonight. off to the west of us, the heat advisory is down. now we are looking at scattered showers and thunderstorms popping up. showers and storms will remain in the forecast for tomorrow. what can we expect for the rest of the week? michael forecast coming up in just a fe
their own loved ones? >>> and caught. after learning of a big shark caught off massachusetts this weekend, our correspondent, face to face in the water. >>> good evening on this sunday night. as we begin here with that abc news exclusive. the woman at the center of the storm. the hotel maid who accused one of the world's most powerful men, dominique strauss-kahn, of sexual assault, is now breaking her silence tonight. just a short time ago, sitting down with abc's robin roberts. the hotel worker says she stands by her story, declaring, god as my witness, i'm telling the truth. for the first time, we see here, and linsey davis is here with what we've heard so far. >> reporter: this is the first time we're seeing her face. perhaps you've never heard her name before. nafissatou diallo is the woman we simply came to know as the hotel maid who accused dominique strauss-kahn of attempted rape. she's ending her silence with an exclusive tv interview with "good morning america's" robin roberts. why now? "i never want to be in public," she says, "but i have no choice. now i have to be in public. i
-thirds of the country again by the end of next week through next weekend. so enjoy the break while it lasts because big-time heat is just days awaw. >> heat bubble. makes it sound much more benign than it actually is. thank you, amber. we'll get back to you more in a little bit. >>> america, by the way is now just over a week away from defaulting on its debt. there's the clock. this morning, there is immense pressure on both parties in washington to cut some sort of deal before the stock market re-opens on monday. there are real fears that there could be a huge sell-off if politicians fail to make some progress today, so let's go straight to abc's david kerley who's been tracking the horse trading throughout the night. david, is there a chance that we will see something today? >> reporter: we will see something today, i am told, by members of the house of representatives that john boehner is going to come up with a framework, some kind of plan to raise the country's debt ceiling, and the pressure is really on boehner right now. he had a meeting last night with other congressional leaders up on the hill
Search Results 0 to 6 of about 7